What is the planned production capacity and development timetable?

Graphite One intends to develop the Ohio Facility in phases, with an initial ~10,000 tpy AAM finishing/blending operation and a target of 25,000 tonnes per year of synthetic graphite and graphitization output by Q4 2028. These are company plans and targets rather than completed production. The company states that construction and development remain subject to lease finalisation, project financing, permitting, power agreements, equipment procurement, regulatory approvals and other customary development conditions.

What work has been completed at the Conneaut site?

The company says it secured the industrial site in May 2026 through an agreement with a subsidiary of CN Railway and completed geotechnical drilling. Environmental assessment and permitting are underway, with completion anticipated in the first quarter of 2027. The company also says the site has direct Great Lakes shipping access, CN rail infrastructure and existing high-capacity electrical service.

What is the purpose of the engineering contract?

The engineering contract, executed on June 16, 2026, is intended to support detailed design and optimisation of the Ohio Facility’s manufacturing systems. The stated work includes equipment integration, construction readiness, commissioning efficiency, throughput optimisation, energy efficiency, product quality and design for future expandability. The release identifies the performance and outcome of the contract, equipment integration and the facility’s eventual performance as forward-looking matters.

What are the principal risks and conditions affecting the Ohio Facility?

The company cautions that there is no certainty it will secure project financing, obtain the required equipment on a timely basis, or receive all permits and regulatory approvals needed to progress construction. It also identifies risks including market prices, exploration and exploitation results, continuity of mineralisation, delays from third-party opposition, changes in government policies, continued availability of capital and financing, and general economic, market or business conditions.

How does Graphite One describe its proposed supply-chain strategy?

Graphite One describes a proposed vertically integrated enterprise connecting natural graphite mining and concentration at its Graphite Creek Project in Alaska with natural and synthetic Active Anode Materials processing and manufacturing at the Ohio Facility. The company also refers to potential future battery material recycling operations. The project remains proposed, and the release does not establish that all parts of this supply chain will be completed.

What demand context does the company cite for domestic graphite capacity?

The release cites S&P Global Mobility’s projection that North American graphite demand for battery applications will rise from approximately 56,000 tonnes in 2023 to more than 620,000 tonnes by 2030. Graphite One presents its targeted 25,000 tonnes per year capacity in that context. The cited demand figures are an external projection, while the company’s capacity remains a target subject to the stated financing, permitting, infrastructure, equipment and other development conditions.

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Graphite One Executes Engineering Contract as Ohio Facility Plan Advances

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Graphite One Inc

OTCQX:GPHOF
TSXV:GPH

Graphite One Executes Engineering Contract as Ohio Facility Plan Advances

Published Monday, 22 June 2026, 12:00 PM

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At a glance

Company: Graphite One Inc
Listings: OTCQX:GPHOF, TSXV:GPH
Published: Monday, 22 June 2026, 12:00 PM
Source announcement: prnewswire.com

FAQSIR Generated from this announcement View original release below for safe harbor and regulatory notices

Announcement Summary

Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) announced an engineering contract and progress at its planned Active Anode Materials ("AAM") manufacturing facility in Conneaut, Ohio.

On June 16, 2026, Graphite One Inc. executed an engineering contract with a leading anode production facility engineering firm; work is expected to support equipment integration, construction readiness, commissioning and project risk reduction.
In May 2026, the Company secured a Conneaut, Ohio site through an agreement with a subsidiary of CN Railway, with CN rail, Great Lakes shipping and electrical service.
Geotechnical drilling is complete; environmental assessment and permitting are underway, with completion anticipated in the first quarter of 2027.
The Company intends phased development: ~10,000 tpy AAM finishing/blending targeted Q4 2027, expanding to 25,000 tonnes per year synthetic graphite and graphitization output Q4 2028.
Construction and development remain subject to lease finalization, project financing, permitting, power agreements, equipment procurement, regulatory approvals and other customary development conditions.
The Company cautions there is no certainty it will secure financing, obtain equipment on time, or receive all permits and regulatory approvals.

The Company is discussing potential financial support with U.S. government agencies for construction. Graphite One also continues permitting for the Graphite Creek Project under the federal FAST-41 expedited permitting program.

Investor FAQs

Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) announced that it had executed an engineering contract with a leading anode production facility engineering firm and had continued advancing its planned Active Anode Materials manufacturing facility in Conneaut, Ohio. The company says these milestones move the project into detailed execution, but construction and development remain subject to further conditions.

Source announcement

Company: Graphite One Inc
Title: Graphite One Secures Key Engineering Contract and Advances Ohio Active Anode Materials Facility Toward 25,000 Tonnes of Synthetic Graphite Capacity
Published: Monday, 22 June 2026, 12:00 PM
Source site: prnewswire.com

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